Polytechnic University of the Philippines College of Business Administration Department of Marketing Management Tahong Powdered Seasoning Mix (Green Mussels) “The 1st Tahong (Green Mussels) Seafood Seasoning Master” Submitted By: Abalos, Eunice Apostol, John Cesar Anonuevo, Harlene Razelle Asama, Kathleen Joyce Baeza, Ian Van MARKETING STRATEGY FRONT BACK SEA SCENT MIX The Sea Scent Mix is the first ever seafood seasoning mix which contains tahong (green mussels). This product will take your dish to an ocean level experience that will enrich all the flavors and ingredients with protein, iron, calcium, as well as, a natural source of vitamin B12 that makes every dish extraordinary and nutritious. It will balance all the flavors and produce a seafood aroma that everyone will like. I. BRAND NAME “Sea Scent Mix” The brand name came from the idea of where the Tahong (Green Mussels) harvested specifically from saltwater and freshwater which got the word “Sea” and the “Scent” that gives aroma to their dishes when they use the newest Green Mussels Seasoning Mix. II. LOGO The logo shows the Tahong (Green Mussels) in the middle which represents the main ingredient of this product. The colors blue and green represent the color of the tahong which is green and the blue symbolizes the sea as the brand name is “Sea Scent Mix” which tahong came from water or sea. USP: TAHONG POWDERED SEASONING MIX (GREEN MUSSLES) “The 1st Ever Tahong Seafood Seasoning Mix Master” TAGLINE: “Mala-OCEAN sa Sarap” MARKETING MIX A. PRODUCT DESCRIPTION Sea Scent Mix: Green Mussel Seasoning Mix is the first powdered seafood seasoning mix that is rich in protein and calcium. Amino acids / proteins are important dietary source of nitrogen. Calcium is an important component of a healthy diet and minerals needed by our body. The National Osteoporosis Foundations states that, “Calcium plays an important role in building a stronger, denser bones early in life and keeping bones strong and healthy later in life” of any individuals. With oil-content that is an anti-inflammatoy agent which is totally natural and powerful healthy food. Sea Scent Mix also gives treatment for those who have osteoarthritis, rheumatoid arthritis, joint pain, asthma and daytime wheezing. Low fat yet provides 680 mg of omega 3 from EPA and DHA in one serving per 8g Rich in selenium, iron, vitamin B12 and Iodine A good source of magnesium and calcium. B. PACKAGING AND LABELING The package is in a “sachet” form for 8 grams at a very affordable price of P3.00. The color combination of blue and green is chosen in order to clearly distinguish that this product is seafood seasoning mix but can be use to other dishes. The front view shows the logo of Sea Scent Mix with a picture of a newly cooked food which the consumers can easily identify that it is a food/cooking mix, and the back view contains all pertinent information about the product, such as nutritional facts, consumer hotline, website and email address, ingredients etc. C. PRICE STRATEGY Based from the result of the survey conducted, 59.6% preferred P3.00; 16.9% choose P2.00 and 14% preferred P2.50 per 8g sachet (146 total number of respondents, only 136 responded) and so TAHONG SEASONING MIX (Green Mussels) since new to the market will use an introductory price of Php 3.00 per sachet as Suggested Retail Price. D. PRODUCT PLACEMENT / DISTRIBUTION PUP Stalls SM Supermarket Sampaguita Canteen Hypermarket Palengke Liana’s Supermarket Puregold Cherry Foodarama Puregold Jr. Sari-sari stores Shopwise Mini Groceries Metro Supermarket General Merchandise Robinson’s Supermarket Convenience Stores Mighty Mart E. SALES PROMOTION STRATEGY 3rd QUARTER (2017) SP TITLE: Iscent mo, Send mo! Promo Tools: Contest Objectives: To encourage initial purchase To introduce the Sea Scent Mix to the market To position the brand to the market To encourage brand retention Area Covered: Nationwide Duration: August 31 - September 31, 2017 Communication Strategy: Poster, Social Media Promo Mechanics: 1. Like our FB page @SeaScentMixPH 2. Post a video of you cooking your dish with Sea Scent Mix, then scent the finished product and send it to our FB page. 3. Use the hash tag #Isentmosendmopromo and/or #Seascentmixpromo. 4. The more likes and share of your post will be the chosen winner. Prizes: 1st Prize: Giving cash worth P5,000 2nd Prize: Kitchenware: - Fordable 7pcs. Stainless Steel Kitchen Tool Set for Cooking Series - Miracle Blade Complete 13-Piece Knife Set World Class - 12-Piece Set High Quality Stainless Steel Cooking Stock 3rd Prize: P2,000 worth of Grocery Items Posters: 4th QUARTER (2017) SP Title: Your Extraordinary Dish (Christmas Special) Tools: Contest / Competition Objectives: To establish loyal consumer To increase demand To know the best dishes that are compatible to the product Area Covered: Luzon Duration: October to December 2017 Communication Strategy: Poster, Social Media Promo Mechanics: 1. Buy 5 sachets of Sea Scent mix. Put the empty sachets of Sea Scent mix in the envelope with your name, contact details and home address. 2. This will serve as your registration form to enter the contest. Drop your form at any Puregold branch near you. 3. Each Puregold branch will have 5 participants for the contest. We will be using a raffle to select the participants. 4. Submission of your registration is from October 1 to December 10. The Contest will be on December 20 at every Puregold in Luzon. 5. Each participant will come up on an extraordinary dish using the sea scent mix. Any dish is qualified as long as they will use the product. 6. The dishes will be judge by our personnel. The criteria for judging are creativity, taste, uniqueness and the presentation of the dish. Prizes: 1. Champion will be given 10,000 pesos and a gift pack of Sea Scent Mix. 2. Gift pack of Sea Scent Mix and 500 pesos consolation prizes for the participants. Posters: 1st QUARTER (2018) SP TITLE: A Taste of Sea and Freebies Tools: Free Taste Objectives: To increase exposure of the product To introduce Sea Scent Mix to new customers To acquire new customers To know the consumers feedback about the product Area Covered: Supermarkets (NCR) Duration: January 8 – February 8, 2018 Communication Strategy: Stall in the Fish and Meat Section (certain supermarket where they designated location for free tasting within those section) Mechanics: Go to our stall within the designated place for free tasting, we will give cooked dish containing our Sea Scent Mix and have direct selling of the product with freebies such as free 2 sachet of Sea Scent Mix for every purchase of 10 packs. 2nd QUARTER (2018) SP TITLE: SEA SCENTSWERTE sa Pakete Tools: Raffle Objectives: To boost sales and demand of the brand To create interest and excitement for customers to buy the product To encourage repeat purchase and long term patronage Area covered: NCR Duration: April 1, 2018- June 30, 2018 Communication Strategy: Posters and Social Media Promo Mechanics: 1. Participants will have to place proof of purchase in an envelope. Proof of purchase will be three empty sachets of the Sea Scent Mix. Sachets must have printed expiration date of at least January 2018 or later. The following details must be handwritten on the envelope: Promo Title (Sea Scent Swerte sa Pakete) Full Name Complete Home Address Telephone Number Store Outlet (where sachets were purchased) Signature 2. Participants shall drop their entries in selected drop boxes located at the following: Puregold Shopwise Robinson’s Supermarket Mighty Mart Hypermarket 3. For the weekly draw, there will be 1 winner with different prizes per week. For 9 weeks, there will be a total of 9 lucky winners. Prizes: 1. Cash prize worth P5,000 2. Grocery items worth P3000 3. 5 Rides-All-You-Can tickets in Enchanted Kingdom Posters: DROPBOXES PROOF OF PURCHASE COMPETITIVE ANALYSIS (Similarities and Differences of Sea Scent Mix to its Competitors) I. DIRECT COMPETITORS PRODUCT DESCRIPTION Maggi Magic Sarap - All in one seasoning granules. - Made with natural flavors. - Strong meaty taste. - Blend of ginisa ingredients. - Has meatier taste. PRICE SIMILARITIES DIFFERENCES P3.50/ 8grams - Plastic sachet packaging - Flavorenhancing mix All-in-one, but more on garlic taste. P4.00/ 8grams - Plastic sachet packaging - Flavorenhancing mix Meaty Taste P3.50/ 8grams - Plastic sachet packaging - Flavorenhancing mix Meaty Taste Ajinamoto Ginisa Mix - Combined taste Lucky Me Nam Nam of meat, bones, and spices. - All-around seasoning mix. P2.00/ 8grams - Plastic sachet packaging - Flavorenhancing mix All-in-one, but porky taste is dominant. PRICE SIMILARITIES DIFFERENCES Has deliciously sour taste extracted from fresh tamarind. P12.50/ 20grams - Plastic sachet packaging - Flavorenhancing mix Sour taste made to enhance sinigang dishes. Made with real fish broth. P12.25/ 20grams Flavorenhancing mix Fits to enhance fish dishes. Flavorenhancing mix Use to enhance seafood dishes and other dishes that use shrimp as an ingredient. - Real pork meat and pork broth extracts Ajinamoto Pork Savor II. INDIRECT COMPETITORS PRODUCT DESCRIPTION Knorr Sinigang Mix Knorr Fish Cubes Made with real shrimp broth. Knorr Shrimp Cubes P12.25/ 20grams Blend of Asian spices with fresh tamarind extract. N/A Mama Sita’s - Plastic sachet packaging - Flavorenhancing mix Sour taste made to enhance sinigang dishes. STRENGTH Sinigang Mix The first ever green mussel powdered seasoning mix in the market. It can be used to make seafood dishes more flavorful. It is healthier and more nutritious compared to existing powdered seasoning mix Unique with its components OPPORTUNITIES New and unique powdered seasoning mix. It can be positioned as the leading powdered seafood seasoning mix in the market. Can be the top of the mind choice of health conscious people. SWOT ANALYSIS WEAKNESS It can trigger allergy to those consumers that has seafoodrelated allergies. The use of seafood powdered seasoning mix can be limited to seafood dishes F. AREA OF DISTRIBUTION only. G. PROJECTED SALES (IN 5 YEARS) H. MARKETING STATEGIES THREATS Strong or already popular and wellestablished powdered seasoning mix in the market. F. AREA OF DISTRIBUTION MANUFACTURER / PRODUCER Polytechnic University of Philippines WHOLESALER Puregold Puregold Jr. Shopwise Robinson Supermarket Metro Supermarket Mighty Mart SM Supermarket Hypermarket Liana's Supermarket Cherry Foodarama RETAILERS Sari-Sari Store Mini Groceries General Merchandise Convenience Store END CONSUMERS Mothers Food Stall Owners G. PROJECTED SALES Carinderia Owners Etc. Sea Scent Mix (Tahong Seasoning Mix) Sales Forecast and Demand Analysis August 2017 to 2020 YEAR August - December 2017 2017 2018 2019 2020 QUANTITY (In Sachet per 8g) SRP QUANTITY (Production) in kg PROJECTED SALES (Peso) 3,125 PHP 3.00 30 9,375.00 40,000 50,000 60,000 70,000 PHP 3.00 PHP 3.00 PHP 3.00 PHP 3.00 40 50 60 70 120,000.00 150,000 180,000.00 210,000.00 TOTAL PROJECTED SALES (5 yrs.) PHP 669,375.00 SALES FORECAST (Graphical Illustration) H. MARKETING STRATEGIES LIMITING FACTORS In Ecology, there are common limiting factors/resources present in our environment, hence, these could limit the growth, abundance, distribution, production and this may cause shortage of supply of (Tahong) Green mussels seasoning mix, some of which are the following: Shortage of supply for green mussels production due to bad weather condition; Transportation (harvest/fishing/ to production) Red tide mussels (it is not safe to eat (tahong) mussels with red tide because: Red Tide - a common name for a phenomenon known as an algal bloom (large concentrations of aquatic microorganisms) when it is caused by a few species of dinoflagellates and the bloom takes on a red or brown color Bivalves (clams, mussels and oysters) not safe because they are filterfeeders and the toxins are absorbed into their tissues) Mussels are prone to red tide TOTAL MARKETING BUDGET (SALES PROMOTION COST) I. SP TITLE: Iscent mo, Send mo! Promo (Contest) PRIZE COST 1st Prize: Giving P5,000 cash P5,000 2nd Prize: KITCHENWARE (Lazada) - Fordable 7pcs. Stainless Steel Kitchen Tool Set for Cooking Series - Miracle Blade Complete 13-Piece Knife Set World Class - 12-Piece Set High Quality Stainless Steel Cooking Stock - TOTAL KITCHENWARE: P450.00 P999.00 P1,389.00 P2,838.00 3rd Prize: Grocery Items P2,000 Posters (selected supermarkets in NCR) P2,000 TOTAL COST: P11,838 II. SP TITLE: Your Extraordinary Dish (Christmas Special) PRIZE COST 1st Prize: Giving P10,000 cash plus Gift Pack of Sea Scent Mix P10,000 2nd Prize: P500 consolation prize x 100 participants plus Gift Pack of Sea Scent Mix P50,000 Posters (selected supermarkets in Luzon) P5,000 Drop boxes P2,000 TOTAL COST: P67,000 III. SP TITLE: A Taste of Sea and Freebies (Free tasting) PRIZE COST Grocery Commission / Space Rental (P2,000 x 15 days x 2) P60,000 Labor and Material (Cooked Dish) P10,000 TOTAL COST: P70,000 IV. SP TITLE: SEA SCENTSwerte sa Pakete (Raffle) PRIZE COST 1st Prize: Giving P5,000 cash x 3 winners per month P15,000 2nd Prize: Grocery Items worth P3,000 x 3 winners per month P9,000 3rd Prize: 5 tickets from Enchanted Kingdom x 3 winners per month P9,000 Posters (selected supermarkets in NCR) P3,000 Drop boxes P1,000 TOTAL COST: P37,000 TOTAL MARKETING BUDGET (1ST YEAR OF SEA SCENT MIX) SP 3rd Quarter (2017) SP 4th Quarter (2017) SP 1st Quarter (2018) SP 2nd Quarter (2018) TOTAL SP COST: P11,838 67,000 70,000 37,000 185,838 Other Expenses: • POP Racks Display (Production and Transportation) • Transportation Expenses/ Allowance • Print Ads Poster TOTAL MARKETING BUDGET (Annual) 300 x 30 9,000 5,000 3,000 17,000 P202,838